Funding you earn now, next payment 06:00 UTC−0.0478%/8h= −52.3% APRnext payment −$0.60 per $10,000 · paid last 24h −0.144%
Price spread now: Injective against QFEX−0.005%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX COIN-USD | 195.12 | 0.0038 | pay 0.0005% / 1h | 24m 31s | $1.3M | $3.0M | 10x |
| Short | Injective COIN/USDC PERP | 195.11 | −0.0440 | pay 0.0055% / 1h | 24m 31s | $43K | $48K | 30x |
QFEX COIN-USD
Injective COIN/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against QFEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$100.36
- Price spread: −0.005% → 0.000%
- −$0.51
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$110.9
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 3 min ago | 1.28 bp | 6.6 bp −$7 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
COIN on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0861% | 8h | 195.42 | +0.154% | $6.3M | $10.6M | 20x | as long as short |
| Injective COIN/USDC PERPshort | −0.0440% | 1h | 195.11 | −0.005% | $43K | $48K | 30x | |
| Gate COIN_USDT | −0.0122% | 8h | 195.28 | +0.082% | $1.2M | $7.4M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0113% | 1h | 194.44 | −0.349% | — | $289K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.26 | +0.073% | $341K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 195.18 | +0.031% | $113K | $852K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 195.29 | +0.085% | $14.6M | $81.4M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.24 | +0.062% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.20 | +0.041% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.11 | −0.004% | $708K | $962K | — | as long as short |
Bitget COINUSDT
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.58 | +0.237% | $15K | $2.6M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.15 | +0.015% | $454K | $1.5M | 10x | as long as short |
| QFEX COIN-USDlong | +0.0038% | 1h | 195.12 | long leg | $1.3M | $3.0M | 10x | |
| Arcus COIN-USD | +0.0040% | 1h | 195.32 | +0.103% | $15K | $54K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.03 | −0.046% | $15.1M | $13.7M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.17 | +0.026% | $127K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.05 | −0.036% | $82 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.04 | −0.041% | $363K | $2.8M | 10x | as long as short |
| Phoenix COIN | +0.0082% | 1h | 195.00 | −0.062% | $4K | $283K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.04 | −0.041% | $983K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 194.98 | −0.072% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.06 | −0.031% | $564 | $4K | 10x | as long as short |
| Lighter COIN | +0.0104% | 1h | 195.17 | +0.025% | $349K | $2.2M | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.09 | −0.017% | $115 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 195.11 | −0.005% | $187K | $417K | 20x | as long as short |
| edgeX COINUSDC | +0.0690% | 4h | 195.16 | +0.021% | $50K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Phoenix COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Lighter COIN
Aevo COIN-PERP
BloFin COIN-USDT
edgeX COINUSDC